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Mar 26, 2013
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a budget deficits of more than $320 million. the fire department stretched so thin it's proposed just letting vacant building burns and the city cannot afford to keep all of its streetlights on. mike tobin with the news from detroit tonight. the new emergency manager there already facing a big lack bash, -- backlash. >> he was already on the job. kevinor is his name. greeted by protesters as he walked up to city hall. protests because he has almost unrestrained power to slash the city budget. and they protest because the city council and the mayor for whom they voted have been muffled aside. >> so the right to vote -- reconstruction the very right of -- the right to vote, the right to -- a vote to count matters. detroit is the largest of six cities in michigan under emergency management. the mayor of one of those cities says you need an appointed official to come in and make the kind of cuts necessary. they would be political suicide for elected officials. >> shepard: unions obviously big there, mike and they are not happy. >> r
a budget deficits of more than $320 million. the fire department stretched so thin it's proposed just letting vacant building burns and the city cannot afford to keep all of its streetlights on. mike tobin with the news from detroit tonight. the new emergency manager there already facing a big lack bash, -- backlash. >> he was already on the job. kevinor is his name. greeted by protesters as he walked up to city hall. protests because he has almost unrestrained power to slash the city...
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Mar 26, 2013
03/13
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you have to go down to third, deficit and debt, and that's only 33%. so the deficit/debt thing, i think you're losing ground on that. and here's another one. i want you to hear this. only 6% of those polled want to cut medicare. and yet you've got a house budget that wants to slam medicare. i know entitlement reforms are necessary. maybe small ones. but people do not want to see that program depart. you all are running against the tide, even of the numbers of major republican pollster like john mclaughlin. >> my point has been in order to fix this presidential fix we have in our party we have to do a couple things. we have to do more than just, as you say, bean count and put on the green eye shade. i agree with you. we also have to get to the issues that get to people's hearts. certainly health care. school choice. charter schools. i mean, one of the reasons why i think the bushes have done so well in hispanic communities, and minority communities is that -- they are rightfully -- >> they go there! >> they're obsessed -- they go there. >> jack kemp wen
you have to go down to third, deficit and debt, and that's only 33%. so the deficit/debt thing, i think you're losing ground on that. and here's another one. i want you to hear this. only 6% of those polled want to cut medicare. and yet you've got a house budget that wants to slam medicare. i know entitlement reforms are necessary. maybe small ones. but people do not want to see that program depart. you all are running against the tide, even of the numbers of major republican pollster like john...
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Mar 26, 2013
03/13
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the deficit has always been a canard. when you're in office, you don't take that much notice of the deficit. it's not number one priority. when you're out of office, it's a way to hit the people who are in office. >> i think that's a good point, lee, it isn't lost on me and i don't think it's lost on many people that when people like paul ryan talk about cutting the deficit. they always want to do so by going after programs they're ideologically opposed to. programs for feeding seniors, feeding children, cutting the department of education. they don't want to cut the deficit, they want to do it to get rid of programs they don't like. >> it's killing two birds with one stone. jared makes a great point. the way things are supposed to work is when we come out of these recessions we're supposed to grow and everything is supposed to get better. that's not happening yet. not happening yet and we have at the same time the incredible income inch quality issue. whatever you think about the tax cuts, when you have a middle class th
the deficit has always been a canard. when you're in office, you don't take that much notice of the deficit. it's not number one priority. when you're out of office, it's a way to hit the people who are in office. >> i think that's a good point, lee, it isn't lost on me and i don't think it's lost on many people that when people like paul ryan talk about cutting the deficit. they always want to do so by going after programs they're ideologically opposed to. programs for feeding seniors,...
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Mar 26, 2013
03/13
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. >> the government is far larger than it ever has pw-rpbgs the deficits are larger, the debt is growing at record rates. >> reporter: government spending has gone up from an average of $88.2 billion spent every year in the 1980s to 1.48 trillion in the 1990s to 244 trillion in the first year of the 21 century. that helps to explain why the washington d.c. area, a region which has few natural resources and little manufacturing is now home to seven of the nation's ten richest counties. washington is home to the highest concentration of lawyers in the country. the average government work's compensation now stands at over $126,000 a year. >> in some ways the government is immune to the forces that face families and businesses all across the country who are having to tighten their belts, who very often are having to make due with the same amount this year that they had last year. government views itself as separate and immunity from all of that. >> reporter: the government deals with the country's problems by creating new programs. with any new program comes a food khaeufpb contractors, lobb
. >> the government is far larger than it ever has pw-rpbgs the deficits are larger, the debt is growing at record rates. >> reporter: government spending has gone up from an average of $88.2 billion spent every year in the 1980s to 1.48 trillion in the 1990s to 244 trillion in the first year of the 21 century. that helps to explain why the washington d.c. area, a region which has few natural resources and little manufacturing is now home to seven of the nation's ten richest...
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Mar 26, 2013
03/13
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it's not a big budget deficit. it's that the italian economy has been dead flat for tenl years, me need toty away all this rigidity in order to grow. ets, you know, europe really has to focus more on growth, which is official speak for too much austerity, folks. this is the is not working. to my mind, what you see is they haven't made much progress on this reform and opening up. they need a reagan. they need a thatcher. they need somebody who is going to go for the supply side, let's grow, let's deregulate, and they haven't made much progress on that. and so all this focus on the debt takes you away from the fact that italy hasn't grown for ten years. if it doesn't grow for 20 years, this debt problem is really very difficult to cover. growth is the issues for italy. i do not think the european union has good policies that give them good growth because they have all these rigidities built into the system. unlike america, wherefore both or worth, if your boss doesn't like it, he follows you and moves on. >> pocket l
it's not a big budget deficit. it's that the italian economy has been dead flat for tenl years, me need toty away all this rigidity in order to grow. ets, you know, europe really has to focus more on growth, which is official speak for too much austerity, folks. this is the is not working. to my mind, what you see is they haven't made much progress on this reform and opening up. they need a reagan. they need a thatcher. they need somebody who is going to go for the supply side, let's grow,...
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Mar 26, 2013
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why do we keep spending and how can we trim the deficit? tom shaft is head of citizens against waste. good morning, tom. when you see those kinds of numbers going up and up. what does it do to your blood pressure? >> mine fortunately stays steady otherwise i wouldn't be able to talk about it all the time. >> gretchen: what are the areas we wanted to focus on, real estate, these buildings the government spend money on? >> there are 55,000 that cost $1.7 billion a year to maintain. any other organization would go out and sell them. the problem in washington is that the system to sell buildings is the exactly reverse what it should be. >> gretchen: meaning? >> the first priority was the federal building is to see if any other federal agency wants it. there is already 55,000 vacant buildings. so the inventory is too large. next it goes to state and local government choices. then to homeless shelter use and finally it can be put up to sale. it should start to the sale to the private sector or some other entity rather than waiting until everybody
why do we keep spending and how can we trim the deficit? tom shaft is head of citizens against waste. good morning, tom. when you see those kinds of numbers going up and up. what does it do to your blood pressure? >> mine fortunately stays steady otherwise i wouldn't be able to talk about it all the time. >> gretchen: what are the areas we wanted to focus on, real estate, these buildings the government spend money on? >> there are 55,000 that cost $1.7 billion a year to...
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Mar 26, 2013
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they are making up a billion dollar budget deficit. >> stockton, california now. the largest u.s. city to file for bankruptcy. lawyers for the central valley city of 300,000 people are filing chapter 9 to see how it will pay in the pension fund which is the top debt. >> we have stories you can bank on this morning. bad news for your wallet. while many of us are making less than we were four years ago, joining us now to explain why is lauren simonetti from the fox business network. >> what's the primary reason here? >> there is a few reasons mostly because it costs more money. i am going to show you some numbers. they are really startling. when it feels like we are not making money we always say that. when you look at the data we are not. median household income is over 51,000 dollars. take a look at that on a time line. 6 percent less than when the economic recovery began in summer of 2009 and less than when the recession started. obviously we are not making enough money. all of this data comes from research. they also say one of the key reasons speegsly now because - especially n
they are making up a billion dollar budget deficit. >> stockton, california now. the largest u.s. city to file for bankruptcy. lawyers for the central valley city of 300,000 people are filing chapter 9 to see how it will pay in the pension fund which is the top debt. >> we have stories you can bank on this morning. bad news for your wallet. while many of us are making less than we were four years ago, joining us now to explain why is lauren simonetti from the fox business network....
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Mar 26, 2013
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don't want to hear more talk about needing more resources at a time when we're running massive debt and deficits. woof h we've got to get a handle on this and do it. >> and dig deeper, and gilligan's island and "star trek," it's probably beverly hillbillies, and green acres. the first thing with the studio, put it up on the auction block. i don't know why the irs needs a studio, they're not a movie business, they're in the tax collection business, but good luck, sir. >> that's right. and certainly. >> go ahead. >> the question as it whether others have these kinds of studios as well. >> greta: i bet if you dig deeper you'll find more things. we've certainly found a lot of things in the gsa and other places. good luck and i hope you have a lot of good fortune getting this money back or at least stopping the irs from doing this. thank you, sir. >> thank you, greta. great to be with you. >> and you can see the entire "star trek" video that you paid for, whether you wanted to or not. on gretawire.com. go to gretawire.com and tell us what you think about the irs spending your money on "star trek," gi
don't want to hear more talk about needing more resources at a time when we're running massive debt and deficits. woof h we've got to get a handle on this and do it. >> and dig deeper, and gilligan's island and "star trek," it's probably beverly hillbillies, and green acres. the first thing with the studio, put it up on the auction block. i don't know why the irs needs a studio, they're not a movie business, they're in the tax collection business, but good luck, sir. >>...
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Mar 25, 2013
03/13
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our deficits are so high. >> neil: you're assuming the euro goes away. >> who knows by the way. i it only takes one, when the south seceded from the north -- >> neil: get out of this club. no one gets higher ratings from young viewers or makes us a much buck -- i'm talking how it is that jay leno's boss wants him out. a lesson on corporate snakes that is all too well known. >> you know the hollen general of st. patrick, right? drove all the snakes out of ireland and then they came into the united states and became nbc executives. it's a fascinating story. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ the longest 4g lte battery in a razr thin profile. with 32 hours of battery life that turns an
our deficits are so high. >> neil: you're assuming the euro goes away. >> who knows by the way. i it only takes one, when the south seceded from the north -- >> neil: get out of this club. no one gets higher ratings from young viewers or makes us a much buck -- i'm talking how it is that jay leno's boss wants him out. a lesson on corporate snakes that is all too well known. >> you know the hollen general of st. patrick, right? drove all the snakes out of ireland and then...
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Mar 25, 2013
03/13
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you think about the deficit, the government doesn't have this kind of cash and people are concerned this isn't necessarily the best use of taxpayer money. in the video, you saw a second ago, people are dressed up as crew members on a starship enterprise, and the government employee version of characters claiming they will boldly go where no government employees have ever gone before. it is funny. but i watched the videos with my producer and we were trying to to figure out the training value and people have similar questions. >> i have been since corrected and am about to burst into a fit of giggles and i inappropriately said it is "gilligan's island," not whatever i said. what is the irs saying about this in. >> they came up with this statement saying it is -- i'm quoting now, no mistaking this video does not reflect the best stewardship of resources, and that video of this type will not be made today. so the irs does say training gener videos in general are cheaper. that would involve some travel. >> okay. zain asher, thank you. >>> honeymoons, they are the icing on the cake after a we
you think about the deficit, the government doesn't have this kind of cash and people are concerned this isn't necessarily the best use of taxpayer money. in the video, you saw a second ago, people are dressed up as crew members on a starship enterprise, and the government employee version of characters claiming they will boldly go where no government employees have ever gone before. it is funny. but i watched the videos with my producer and we were trying to to figure out the training value...
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Mar 25, 2013
03/13
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the u.s., two to three years from now is going to go from deficit to surplus. we haven't had a surplus since 1975. secondly, global trade, global trade is actually very good for the u.s. because it grows the global economy. for instance, there's a new panama canal that is going to really bowler is it the south belt trade from china to other emerging markets. technology is always, we're looking in the technology, there is something called big beta. this is taking technology from cost controls to revenue enhancement. we coined our own pivot. per re, indsmeesh that, vietnam, oman and turkey. tracy: what worries you the most right now? >> europe. i'm very concerned that cyprus is not by itself a big deal but they keep changing the rules of the game and the financial system is very precarious right now in europe. the u.s. is fine. and i'm just wondering how long can europe, we're in the third, they're in the third recession in five years, how long can they not grow? all the debt forgiveness in the world without economic growth will be a long-term problem. ashley: as
the u.s., two to three years from now is going to go from deficit to surplus. we haven't had a surplus since 1975. secondly, global trade, global trade is actually very good for the u.s. because it grows the global economy. for instance, there's a new panama canal that is going to really bowler is it the south belt trade from china to other emerging markets. technology is always, we're looking in the technology, there is something called big beta. this is taking technology from cost controls to...
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Mar 25, 2013
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they will take everybody's money in order to pay off the deficit. it's something you have to think about. >> brian: there was a report from somebody in great britain, an authority of some sort who was talking about, given what has happened in sigh plus, if i had money in spain i would get it out. >> no, it's being talked about in other places. in worse of terms of condition, spain is a good one, greece and lots of other places and they are talking about it. you know, at some point maybe they start talking here. what ultimately that means is that jobs will -- you think we have bad unemployment now. you will see unemployment like you've never seen it before. >> gretchen: somebody from your show, celebrity apprentice, a lot of people will be shocked they didn't see it. amarosa and claudia got the hook >> why didn't she bring amarosa back? in all fairness claudia, i have to defend you. if she was brought back it wouldn't matter. you were the project manager and you failed. you have a great future. i'm sorry -- you're fired! >> did you for a second i can
they will take everybody's money in order to pay off the deficit. it's something you have to think about. >> brian: there was a report from somebody in great britain, an authority of some sort who was talking about, given what has happened in sigh plus, if i had money in spain i would get it out. >> no, it's being talked about in other places. in worse of terms of condition, spain is a good one, greece and lots of other places and they are talking about it. you know, at some point...
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Mar 25, 2013
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>> the question is, dan, are we in a situation where we have to deal with deficit reduction tomorrow or whether we can deal with it on a basis of we can get there as we deal with stimulating the economy and bringing revenue back into the economy and deal with deficit rededuction at the same time. the aus ter citerity. >> it's for the austerity. >> if you do not get ahead of this problem, this entitlement crisis, this brewing entitlement crisis, we have time. we have time to get ahead of it now. if you look what happened in europe awe -- asaying your benefits are being cut tomorrow. >> but you've got to -- >> let me finish the point! not five or ten years from now, next month, your benefit is get slashed. if you do not get ahead of this that is what awe sistusterity l like now. >> i think what is he saying, though, if you stimulate the economy and provide jobs and infrastructure it will put resources into the system because you will be creating taxpayers and you'll be making it more solvent to deal with these problems. i think that is where the disagreement is. >> i had a really incit
>> the question is, dan, are we in a situation where we have to deal with deficit reduction tomorrow or whether we can deal with it on a basis of we can get there as we deal with stimulating the economy and bringing revenue back into the economy and deal with deficit rededuction at the same time. the aus ter citerity. >> it's for the austerity. >> if you do not get ahead of this problem, this entitlement crisis, this brewing entitlement crisis, we have time. we have time to...
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Mar 25, 2013
03/13
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the 13-point deficit and it tied the game at 69. under two minutes left. clie born drives and makes the bucket. they call the offensive foul. questionable call by the officials. iowa state cannot believe it. instead of a four-point lead it is tied at 75. and then .20 of a second left. the three and are you kidding me? ohio state is on to the sweet 16 for a school record fourth straight year. they will face arizona. second seed miami and illinois. the illini taking advantage of the lack of defense. right to the hoop and late in the game and tied at 52. one hand and jam. it is easy for the illini. down one and a minute left and larkin with the step back three. got it. miami to the sweet 16. they will face market. 63-59 the final. don't see a 12 and 13-seed very often. 6 seconds left and tied at 74. garland banks it in and la salle up 2. ole miss inbounds the ball and from half court for the win and no way. la salle moving on to the sweet 16 for the first time since 1955. 76-74 the final. we will take a brief timeout before we check in on the stanford women.
the 13-point deficit and it tied the game at 69. under two minutes left. clie born drives and makes the bucket. they call the offensive foul. questionable call by the officials. iowa state cannot believe it. instead of a four-point lead it is tied at 75. and then .20 of a second left. the three and are you kidding me? ohio state is on to the sweet 16 for a school record fourth straight year. they will face arizona. second seed miami and illinois. the illini taking advantage of the lack of...
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Mar 24, 2013
03/13
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paul krugman has the idea that deficits don't matter, not now. we spent some time understanding the thinking behind the theory. krugman is of course the nobel prize winning op-ed columnist for the "new york times." he is also princeton professor. thank you for doing this. so explain, first, specifically why you feel that right now really there is, as far as i can tell, almost no limit to what you would be willing to do in terms of stimulating the economy. >> right now is a time when not spending is extremely disruptive. if the government pulls back, it's destroying jobs and there's no way to offset that. ordinarily if a government spends less the federal reserve can cut interest rates, like we did at the end of the cold war, but we can't do that now because the interest rate fed controls are at zero. so we have no offset and conversely up to, if we increase spending right now it will create jobs and expand the economy. this is a really good time to be spending. won't always be like this. this is not the normal situation. normally we have an econo
paul krugman has the idea that deficits don't matter, not now. we spent some time understanding the thinking behind the theory. krugman is of course the nobel prize winning op-ed columnist for the "new york times." he is also princeton professor. thank you for doing this. so explain, first, specifically why you feel that right now really there is, as far as i can tell, almost no limit to what you would be willing to do in terms of stimulating the economy. >> right now is a time...
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Mar 24, 2013
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the senate bill calls for deficit reduction through increasing taxes and spending cuts and, of course, the house bill calls for steep cuts in balancing the budget within ten years. of course, some revisions to medicare as well. a lot of differences and we have another deadline coming up. the debt ceiling will have to be revisited this summer, alex. >> looking forward to that. >> reporter: yeah, we all are. >> thank you very much, kristen welker. >>> joining me right now, andy sullivan and ann palmer. ann, i'll begin with you. the president is back from the middle east. the reviews are out there. how are you getting the word in terms of how he was perceived? >> i think one of the key things you can look at is what the israeli press put out in the days following his first steps and throughout the entire visit and it was a resounding applause. he got very good praise from them. obviously from what he was trying to do was take that frosty relationship with benjamin netanyahu and try to piece it back together. he did that. it was exactly what he needed to do. there wasn't a lot of meat on
the senate bill calls for deficit reduction through increasing taxes and spending cuts and, of course, the house bill calls for steep cuts in balancing the budget within ten years. of course, some revisions to medicare as well. a lot of differences and we have another deadline coming up. the debt ceiling will have to be revisited this summer, alex. >> looking forward to that. >> reporter: yeah, we all are. >> thank you very much, kristen welker. >>> joining me right...
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Mar 24, 2013
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hold on, mercedes, let's acknowledge what has happened, the deficits have dropped now for 3 straight years at a rate lower -- faster pace than we have seen since the end of world war ii. nobody wants to acknowledge that. but they are coming down because we did have to engage in emergency spenning when the chitanked and we are coming out of that. we have to have balance -- that's good. but what is really good is job creation and a strong economy. we are seeing the effects of austerity. they would trade our economy for theirs in a success. in realtime, as consequence of austerity. >> what do we do? 85% of americans want to see a balanced budget. we are not even anywhere near that with these plans? >> unfortunately, i think when you look at basic fact of the two budget proposals, we are so far apart and we need leadership from the president. we are able to find out what the president's march madness 56 are before we -- before he unveils his budget. again, i think that it really comes -- from president obama to take a lead, to keep meeting with republicans and enable to try to bring the
hold on, mercedes, let's acknowledge what has happened, the deficits have dropped now for 3 straight years at a rate lower -- faster pace than we have seen since the end of world war ii. nobody wants to acknowledge that. but they are coming down because we did have to engage in emergency spenning when the chitanked and we are coming out of that. we have to have balance -- that's good. but what is really good is job creation and a strong economy. we are seeing the effects of austerity. they...
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Mar 24, 2013
03/13
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the $3.7 trillion federal budget would somehow be a bad thing to do when we have a trillion dollars deficit. >> judge jeanine: with all due respect, i understand the budget problems you want to scare people but you don't let criminals out of jail. especially people who came here illegally and have been ruled to o. r. room be the worst of the worst. how can the ice director. i want you to take a look at something else he said. >> i did not want to rob peter to pay paul and my view you is that we need to maintain the operations of the agency. i don't want to furlough people and i need to make rationale judgments across the ppas that we are given by the appropriations committee. >> judge jeanine: your response to that, mr. chairman? >> well, the is response is that we don't want peter or paul out on the streets robbing somebody else. so one of my colleagues on the committee, the subcommittee chairman made that very point. there was no need to release these folks on to the streets is. several hundred of them have been convicted of significant crimes. theft. identity theft. fraud. and so son. al
the $3.7 trillion federal budget would somehow be a bad thing to do when we have a trillion dollars deficit. >> judge jeanine: with all due respect, i understand the budget problems you want to scare people but you don't let criminals out of jail. especially people who came here illegally and have been ruled to o. r. room be the worst of the worst. how can the ice director. i want you to take a look at something else he said. >> i did not want to rob peter to pay paul and my view...
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Mar 23, 2013
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and would do little to cut spending or the deficit. four democrats mark pryor of arkansas, kay haigen of north carolina, mark baggich of alaska and max bachus of montana all up for reelection in november joined senate republicans who voted against it. even though the margin was close senate leaders were praising colleagues for a job well done. >> i know everyone is exhausted. and you may not feel it at the moment but this is one of the senate's finest days in recent years and i commend everyone who has participated in this extraordinary debate. >> first of all, over the last two decades the average budget resolution considered 78 amendments. we have done 101. average vote 37 amendments we have done twice as many. doing this has been herculean feat. >> harris: next the senate must reconcile the budget with a plan passed by republicans. now, context showing how differently the plans would deal with the economy. the senate plan calls for $46.5 trillion in spending, nearly $5 trillion more than the house plan and more revenue an additional
and would do little to cut spending or the deficit. four democrats mark pryor of arkansas, kay haigen of north carolina, mark baggich of alaska and max bachus of montana all up for reelection in november joined senate republicans who voted against it. even though the margin was close senate leaders were praising colleagues for a job well done. >> i know everyone is exhausted. and you may not feel it at the moment but this is one of the senate's finest days in recent years and i commend...
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Mar 23, 2013
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but i have to tell you, wolf, we can't keep running up deficits like this. it will damage the economy deeply. people say we don't have a crisis on the horizon, of course we do. we have a debt on a tear. if the debt takes off like it is projected to do so, it is not only hurting our economy today, it is destroying it for the next generation. we can't sit around and be complicit with that. the problem is we have to do something about that. >> one final question. senator rand paul was here yesterday in "the situation room," 24 hours ago. he said flatly he is going to iowa the next few weeks, seriously thinking of running for the republican presidential nomination in 2016. thinks it is a good idea for him. what about you? >> i am going to make my mind up later. the reason i need to do this job, i am chairman of the budget committee, we have a crisis on the horizon, we need agreements done, i don't think it is good for me or wisconsin district or my colleagues to cloud my judgment at this time with other things. i need to do what i think is right in this moment,
but i have to tell you, wolf, we can't keep running up deficits like this. it will damage the economy deeply. people say we don't have a crisis on the horizon, of course we do. we have a debt on a tear. if the debt takes off like it is projected to do so, it is not only hurting our economy today, it is destroying it for the next generation. we can't sit around and be complicit with that. the problem is we have to do something about that. >> one final question. senator rand paul was here...
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Mar 23, 2013
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we shouldn't run a deficit at least one that is as large now. i think it's precarious and for the senators, democratic senators running for reelection in red states. that is why you saw four democratic senators they are all representing states that barack obama lost. >> gregg: speaking of debt and deficits, president obama said recently the debt is not an immediate problem, but by huge margins, americans disagree. 68% of them disagree with the president on that. they also think he is wrong with b something else. spending. this is a fox news poll. they think his top priority should be cutting spending to reduce the deficit, not spend more, taxpayer dollars to create jobs. is that why president obama seemed to have dropped the campaign for spending realize he is pushing his job ratings down and in the process driving away potential voters? >> i think there has been a sense over the last month or so, as you point out poll numbers have gone down. white house is not going to make a big campaigns go across the country asking for tax increases but that
we shouldn't run a deficit at least one that is as large now. i think it's precarious and for the senators, democratic senators running for reelection in red states. that is why you saw four democratic senators they are all representing states that barack obama lost. >> gregg: speaking of debt and deficits, president obama said recently the debt is not an immediate problem, but by huge margins, americans disagree. 68% of them disagree with the president on that. they also think he is...
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president obama setd this will not add a single dime to the deficit. >> look, it's going to bring down health care costs. it's amazing people hate so much something that has barely taken effect. most hasn't gone into effect. the american people when asked about the specific provisions in the affordable care act like it. they like tax credits for small businesses to pay for insurance, they like closing the medicare donut hole, they like kids staying on insurance. 80% of people like those and less than 50% know they are in the bill. so stop smearing the bill to tell people what's really in it. >> talk about why this didn't kick in. we had to wait until it got voted back in. they wrote this so that once he's in all the crabby stuff comes out. stuff we're two years in nobody has a clue what a state exchange is, nobody knows what is going to happen to medicare. good luck trying to find a doctor or nurse in the next couple years. they waited until the guy got back independent office and bam. >> you buy the number sally threw out that 80% of the people are okay with this? >> are they going to
president obama setd this will not add a single dime to the deficit. >> look, it's going to bring down health care costs. it's amazing people hate so much something that has barely taken effect. most hasn't gone into effect. the american people when asked about the specific provisions in the affordable care act like it. they like tax credits for small businesses to pay for insurance, they like closing the medicare donut hole, they like kids staying on insurance. 80% of people like those...
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kansas state could no overcome an 18 point halftime deficit. show of hands. how many brackets are ruined in here this morning. yeah. a lot of people. ali? jesse? >> all right. clayton. if you are looking to do a little home improvement. you want to spend your money on products that work. luckily for us. already done the testing. lifestyle expert has some household musts and must not. >> alisyn: right. >> megyn's must have. tell us what you need. >> start talking. >> alisyn: with the upholstery tag. >> freshen up your decor organize and pay attention to the gashed. here is what i want you to invest in and what i don't want to you invest in. these are upholstery tacks. a little spike on the end. go around your house. i bet you have a piece of furniture that look as little trap. guess what, all do you is pop these babies in right along the seam. >> you don't need any equipment? >> i'm putting these in with my hands. this is a piece of foam furniture. add a little piece of glue to secure it into the foam. if you can put a push pin. if it's a wood piece of furnitu
kansas state could no overcome an 18 point halftime deficit. show of hands. how many brackets are ruined in here this morning. yeah. a lot of people. ali? jesse? >> all right. clayton. if you are looking to do a little home improvement. you want to spend your money on products that work. luckily for us. already done the testing. lifestyle expert has some household musts and must not. >> alisyn: right. >> megyn's must have. tell us what you need. >> start talking....
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calls for more spending and more taxes and bigger deficits. that is not where the american people are. recent polls this week showed that 55% of the american people favored the republican budget plan. if you took the word republican off of it and simply described would you support a budget that balances the budget and raises no taxes and cuts $5 trillion of them favor that 55% to 24% that budget that would raise taxes by a trillion and cut spending by hundred billion and not balance the budget which is what the democratic budget calls for. >> greta: we are 18 months out from the 2014 election. we have the house has passed a budget and senate has passed a budget. it will go to a conference for reconciliation. both parties have made it sent tral focus of 2014. it is a signal they are more interested in winning and making sorted smear each other's face with each other budget rather than drawing common ground. >> two things. they don't go to conference on the budget resolutions. each house passes its own resolution which gives protection for the a
calls for more spending and more taxes and bigger deficits. that is not where the american people are. recent polls this week showed that 55% of the american people favored the republican budget plan. if you took the word republican off of it and simply described would you support a budget that balances the budget and raises no taxes and cuts $5 trillion of them favor that 55% to 24% that budget that would raise taxes by a trillion and cut spending by hundred billion and not balance the budget...
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you know, the best way we can deal with our debt and deficit long term is to grow the economy and that's what this budget does. it recognizes we need to invest long term. we need to cut spending and it does that. it does not do that. >> we need to invest long term. >> senator, with all due respect and i month your point of view may i just add after $650 billion tax hike already this year you raising taxes at least another trillion, i don't know how that is pro growth. regarding the sequester, i can understand making some changes to the sequester with regard to the management of the subaccounts particular in the defense department but you're not doing that. you're spending most of that money. associated press reports often years there may be a couple hundred billion dollars of spending cuts but the sequester was 1.2 trillion. you are in effect raising spending and raises taxes are you not? >> the budget closes a lot of corporate loopholes where we've been paying for people who go overseas and create jobs rather than paying to create jobs here at home. i don't think that's what we ought to
you know, the best way we can deal with our debt and deficit long term is to grow the economy and that's what this budget does. it recognizes we need to invest long term. we need to cut spending and it does that. it does not do that. >> we need to invest long term. >> senator, with all due respect and i month your point of view may i just add after $650 billion tax hike already this year you raising taxes at least another trillion, i don't know how that is pro growth. regarding the...
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this is going to be added on the deficit. they constructed a budget, that made it look as if, as obama promised, not going to cost the treasury a dime. well, the cbo says it will cost $1.3 trillion over a decade. so there is an increase in $1.3 trillion plus a dime in taxes. so that it ends up looking like it's not going to cost. but there will be increases in taxes everywhere. this one will be canceled. it's ridiculous. this is the one area, medical devices where the u.s. has tremendous advantage in technology over the rest of the world. why would you kill an industry that is so productive? so, the money will be cut. it will have to come out of taxes. the $1.3 trillion will become $1.6 trillion. it will climb. ultimately it will be a drag on the economy. i think ultimately after it hits and you get a train wreck and all the inefficiencies people will say in a couple of years, why don't we adopt a canadian system? cut out the middleman. and stop all the waste. simply have a simple system. government is completely in control a
this is going to be added on the deficit. they constructed a budget, that made it look as if, as obama promised, not going to cost the treasury a dime. well, the cbo says it will cost $1.3 trillion over a decade. so there is an increase in $1.3 trillion plus a dime in taxes. so that it ends up looking like it's not going to cost. but there will be increases in taxes everywhere. this one will be canceled. it's ridiculous. this is the one area, medical devices where the u.s. has tremendous...
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literally you have $3 billion in deficit, annual deficit every year. and employment is double digits. as you said, not only do you have a class divide, you have major socioeconomic divide between the ruling class and the rest of the opposition. more than 40% of jordanians are basically living in poverty. not to plepgs that as you suggested earlier, most of the population in jordan are palestinians so the palestinian/israeli conflict weighs very heavily on the king. and it is for the first time after the arab spring, the king's ledge gitimacy is being challenged. not only from his own tribal base, and this is the situation for the king. that's why president obama is in jordan today to shore up the king and provide some financial assistance as he did, $200 million on top of the $500 million annually that the united states provides to the kingdom. >> you mentioned president obama leaving israel for jordan. one question is what has he left behind? the oldest newspaper in israel, founded before the country was founded said that security will not be attained
literally you have $3 billion in deficit, annual deficit every year. and employment is double digits. as you said, not only do you have a class divide, you have major socioeconomic divide between the ruling class and the rest of the opposition. more than 40% of jordanians are basically living in poverty. not to plepgs that as you suggested earlier, most of the population in jordan are palestinians so the palestinian/israeli conflict weighs very heavily on the king. and it is for the first time...
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americans and biggest corporations the senate thinks some of that revenue should be used to tackle the deficit and invest in the middle class, not be used just to simply tax, cut tax rates for the rich the way that the house budget did. >> reporter: now the senate did not accept the paul ryan house budget. the patty murray budget, the senate plan will probably come up to a vote 2:00 a.m. or so. uma: 2:00 a.m. regardless how votes will go won't there be need for serious negotiations? >> reporter: no question about that the house has a very different version than the senate. the house said they would balance the budget without raising taxes. the senate is doing more spending, more taxes. so our colleague greta van susteren asked house budget chair paul ryan about next steps. >> house passed the budget. the senate is passing a budget first time we've seen that in four years. that's a good thing. the question is now can we start looking for common ground? can we started a advancing toward a compromise? the way we look at this as house republicans. we understand our budget probably won't become law
americans and biggest corporations the senate thinks some of that revenue should be used to tackle the deficit and invest in the middle class, not be used just to simply tax, cut tax rates for the rich the way that the house budget did. >> reporter: now the senate did not accept the paul ryan house budget. the patty murray budget, the senate plan will probably come up to a vote 2:00 a.m. or so. uma: 2:00 a.m. regardless how votes will go won't there be need for serious negotiations?...
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they are projecting a billion dollars deficit. it would save money the next take aid. when did you know that grandma was the one? when her sister dumped me. oh dad, you remember my friend alex? yeah. the one that had the work done... [ male announcer ] sometimes being too transparent can be a bad thing. this looks good! [ male announcer ] but not with the oscar mayer deli fresh clear pack. it's what you see is what you get food. i worked a patrol unit for 17 years in the city of baltimore. when i first started experiencing the pain, it's hard to describe because you have a numbness but yet you have the pain like thousands of needles sticking in your foot. it was progressively getting worse, and at that point, i knew i had to do something. when i went back to my health care professional, that's when she suggested the lyrica. once i started taking the lyrica, the pain started subsiding. [ male announcer ] it's known that diabetes damages nerves. lyrica is fda approved to treat diabetic nerve pain. lyrica is not for everyone. it may cause serious allergic reactions or sui
they are projecting a billion dollars deficit. it would save money the next take aid. when did you know that grandma was the one? when her sister dumped me. oh dad, you remember my friend alex? yeah. the one that had the work done... [ male announcer ] sometimes being too transparent can be a bad thing. this looks good! [ male announcer ] but not with the oscar mayer deli fresh clear pack. it's what you see is what you get food. i worked a patrol unit for 17 years in the city of baltimore. when...
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. >> neither rain, nor sleet senator snow nor deficit. no word this morning, saturday mail delivery is back on. >>> and 911 shocker. >> can you tell can you tell me by tapping on the phone once that do not open the door. >> 911, where is your image? >> the frightening moments and amazing end. live on the cnn newsroom. >>> good morning, thank you for joining us. i'm carol costello. three people dead at the marine base in quantico. the base is in lockdown, law enforcement surrounded the building. >> the shooter, an active duty marine, was pronounced dead of an apparent self-inflicted gunshot wound by law enforcement at the scene. two other victims, a male and female, both active duty marines, were pronounced dead at the scene. the three marines involved in this incident, all permanent personnel assigned to officer candidate school. all of the candidates in the school are accounted for and safe. >> the base is used mostly for training and it's known as crossroads of the marine corps. we will have a live report at the bottom hour. >>> also fo
. >> neither rain, nor sleet senator snow nor deficit. no word this morning, saturday mail delivery is back on. >>> and 911 shocker. >> can you tell can you tell me by tapping on the phone once that do not open the door. >> 911, where is your image? >> the frightening moments and amazing end. live on the cnn newsroom. >>> good morning, thank you for joining us. i'm carol costello. three people dead at the marine base in quantico. the base is in...
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that's how many chicago schools will be closed because a $1 billion budget deficit. it's not clear how many teachers are lose their jobs, but they will close a bunch of schools. 43,000. that's how many jobs have been lost since j.c. penney -- at j.c. penney since ron johnson became ceo. a new report shows he let the company pay for at least nine executives to get work by two jets, which cost $41 million apiece. nice work if you can get it. mr. kilmeade? >> brian: or if you had it. it's one of the most outrageous stories of the week. one of the most popular pharmacies telling their employees to step on the scale or pay a penalty. cvs wants employees to report their weight, fat and glucose levels to health insurance bosses and if they don't, they get fined $600 a year. it might be legal, but is it fair? steven mitchell is an employment attorney and author of a book, "the employee rights handbook." and john is a professor at a law school. does this sound right to you? >> it's an outrage n my opinion. they're trying to help people's health, but when you impose a penalty
that's how many chicago schools will be closed because a $1 billion budget deficit. it's not clear how many teachers are lose their jobs, but they will close a bunch of schools. 43,000. that's how many jobs have been lost since j.c. penney -- at j.c. penney since ron johnson became ceo. a new report shows he let the company pay for at least nine executives to get work by two jets, which cost $41 million apiece. nice work if you can get it. mr. kilmeade? >> brian: or if you had it. it's...
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more than 50 chicago schools will now close as a plan to reduce the district's 1 billion-dollar budget deficit. officials say that many of those schools are half empty and that this move will save hundreds of millions of dollars. a louisiana judge is ruling that a new law that bars felons from owning guns violates that state's constitution. residents passing an amendment in november of last year, that challenged law now heads to the supreme court. now for a segment that we like to call what the hill? and you will understand why in just a second it was supposed to be money for the future but 15 years later it's just money down the drain. $24 million in federal funding was spent on a four building complex named after democratic congressman james clyburn. the problem just one building has been built and another 80 million is needed to finish it. that plan to end mail delivery on saturdays just return to served sender. congress has just passed legislation that requires saturday delivery. the postal service planned to stop saturday service lower cost after it lost $16 billion last year. the fbi is
more than 50 chicago schools will now close as a plan to reduce the district's 1 billion-dollar budget deficit. officials say that many of those schools are half empty and that this move will save hundreds of millions of dollars. a louisiana judge is ruling that a new law that bars felons from owning guns violates that state's constitution. residents passing an amendment in november of last year, that challenged law now heads to the supreme court. now for a segment that we like to call what the...
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the idea that the obama care would be deficit-neutral and control costs i think has turned out to be a charade. if you look at the longer term projections it looks especially more unlikely today than it did when they were engaged in the budget that allowed it to pass. what i think is interesting on the political side is how republicans are treating the issue right now. there is a debate inside the republican party whether it's wise to continue talking about obamacare. on one hand you have a group that says in effect this is over, this is done, we should tweak it, try to improve it, do what we can. let's not focus op it because it's in the past and discussion of aweer thety. on the other hand people think talk about it all the time because implementation is proving difficult and it will be more difficult as we go along to the republicans' benefit. >> bret: the second group of republicans believe the thing could crater. it could just not work. >> correct. that is a possibility. i think that the comment we just heard, there are thousands of pages of regulation that people haven't read i
the idea that the obama care would be deficit-neutral and control costs i think has turned out to be a charade. if you look at the longer term projections it looks especially more unlikely today than it did when they were engaged in the budget that allowed it to pass. what i think is interesting on the political side is how republicans are treating the issue right now. there is a debate inside the republican party whether it's wise to continue talking about obamacare. on one hand you have a...
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there were boos when the president said they have a partnership in the leadership, which is the deficit of trust between the two sides. but pulling back, they picture, wolf, many israeli critics of the president have said too often he lectures israelis and doesn't seem to understand israel. tonight those critics, man of them, are saying he now feels he has conveyed that he does understand israel in a deep personal way, wolf. >> jessica yellin traveling with the president in jerusalem getting ready to head over to jordan with him tomorrow. jessica, thanks. >>> we're getting new information about claims that syria has used chemical weapons. our pentagon correspondent, barbara starr, has the very early results of the u.s. investigation. what is this, barbara? what are we hearing? >> brianna, as you said, the u.s. intelligence community has been working on this problem around the clock. did the syrian regime use chemical weapons. we do now have some initial results of that investigation. with video of syrians suffering from convulsions and breathing problems, and accusations of chemical wea
there were boos when the president said they have a partnership in the leadership, which is the deficit of trust between the two sides. but pulling back, they picture, wolf, many israeli critics of the president have said too often he lectures israelis and doesn't seem to understand israel. tonight those critics, man of them, are saying he now feels he has conveyed that he does understand israel in a deep personal way, wolf. >> jessica yellin traveling with the president in jerusalem...
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the plan reduced the deficit through the balance approach that clued additional targets cuts and also revenue from closing a lot of the special interest tax breaks for very wealthy people, tax breaks which mitt romney and paul ryan talked been on the campaign trail. >> neil: they were without raising the overall rate. now we have the rates raised. so republicans talk of a need for a trigger. they might go along with this tax break stuff and all their closing the loopholes, that they did agree it's sort of wasting time and money and the tax code, but you guys have then got to, as part of the trigger, agree simultaneously to these cuts you talked about. what do you make of that? >> well, first of all, the difference is republicans have never said they're willing to close some of those tax loopholes for the purpose of reducing the deficit. which is what the bipartisan -- >> neil: i got a couple on you. i suspect no angel in the ranks of either party. but they did say that they would be open to closing these loopholes but without this being the only negotiating point on the part of democr
the plan reduced the deficit through the balance approach that clued additional targets cuts and also revenue from closing a lot of the special interest tax breaks for very wealthy people, tax breaks which mitt romney and paul ryan talked been on the campaign trail. >> neil: they were without raising the overall rate. now we have the rates raised. so republicans talk of a need for a trigger. they might go along with this tax break stuff and all their closing the loopholes, that they did...
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polling after the 2012 race shows that 15%, 15% of the folks who were polled said that cutting the deficit was the most important issue facing the country. why the gap between what voters say that they want and what lawmakers are doing there in washington? >> because the lawmakers who are developing and passing budgets in washington, d.c. are completely out of touch with what most americans want. look, when paul ryan in that foot ang we just saw said that they want to about a the budget and we don't, either he is not listening or purposely evading the truthful we both want a balanced budget. the issue is how do you balance it? democrats believe we should have a solutions based budget that does three things. number one, that it takes a balanced approach to reducing debt. we've got to reduce debt. number two, that is fair to the middle class. their budget is completely unfair to the middle class. number three, that invest in the right priorities. the smart priorities. their budget completely divests. when the times are tough and families are sitting there trying to figure out what cut do we
polling after the 2012 race shows that 15%, 15% of the folks who were polled said that cutting the deficit was the most important issue facing the country. why the gap between what voters say that they want and what lawmakers are doing there in washington? >> because the lawmakers who are developing and passing budgets in washington, d.c. are completely out of touch with what most americans want. look, when paul ryan in that foot ang we just saw said that they want to about a the budget...
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on top of that, how do you do it if you already have a billion dollar budget deficit? >> right. it's a big issue. a side story that i've been covering is the death of this 6-month-old girl on chicago's south side. yeah, security, safety, is a big issue and parents are concerned if they have to put their child on a city bus. >> i don't know what neighborhood my child is going to. i don't know about that neighborhood. i know about my neighborhood. >> 5:30 eastern time we should see a press conference there in chicago. we are anticipating, expecting, to see that list. >> this is a done deal, 50 schools, right? >> this is the recommendation by the school ceo. they will vote on it in the next few weeks, but this is the first recommendation and a lot of people are hot and angry about it. >> 70 schools affected when you look at staff from other schools. 70 schools total possible affected by this. thank you very much. appreciate that. >>> put your ipod down for just one second and focus on the time when you listened to your favorite music on records. remember that? some of you don't. ad
on top of that, how do you do it if you already have a billion dollar budget deficit? >> right. it's a big issue. a side story that i've been covering is the death of this 6-month-old girl on chicago's south side. yeah, security, safety, is a big issue and parents are concerned if they have to put their child on a city bus. >> i don't know what neighborhood my child is going to. i don't know about that neighborhood. i know about my neighborhood. >> 5:30 eastern time we should...
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it will bring more revenue in than any year in the history and we'll have a trillion dollar deficit. spending is a problem. >> the senate passed a six-month budget measure yesterday that keeps most cuts in place. congress is now involved in the controversy over the washington redskins team name. a bipartisan bill which is introduced yesterday by ten lawmakers boo cancel the nfl team's trademark of the name redskins. this at the same time the federal court considers a petition by a group of knave americans to cancel the trademark. the redskins brand is not meant to offend, but apparently it does. >> i can't remember a time in my life where people haven't been discussing and debating team names like the redskins. but this is the first time i recall someone taking a business angle, talking about the trademark issue. >> it's offensive to a lot of people. think at some point they will have to change it. >> it's different than the fighting illini. this was a derogatory word in certain point in american history. it's a little bit different than -- iowa, illinois, states named after indian t
it will bring more revenue in than any year in the history and we'll have a trillion dollar deficit. spending is a problem. >> the senate passed a six-month budget measure yesterday that keeps most cuts in place. congress is now involved in the controversy over the washington redskins team name. a bipartisan bill which is introduced yesterday by ten lawmakers boo cancel the nfl team's trademark of the name redskins. this at the same time the federal court considers a petition by a group...
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is reducing the federal deficit a worthy goal in and of itself? and 85% say yes. 11% say no. it's not just john boehner who said it's not an immediate problem. paul ryan, the face of fiscal responsibility himself this past weekend on one of the sunday shows said not an immediate problem. so americans have gotten the message that it is a problem and that we should be tackling it right now, even though our lawmakers feel it can be down the road a year, five years, whatever we tackle it. >> brian: our next guest has nothing to at to this subject. so i'll move on. >> steve: he does. he's going to -- >> brian: he's coming out of his chair. solar companies were supposed to boost our economy. now evidence they might be tanking our economy. you remember solyndra that cost american taxpayers more than $500 million. turns out it may have a successor. >> steve: months after opening, the oregon based solar panel company, solo power, is facing layoffs, putting 250 million of our taxpayer dollars in jeopardy. apparently stuart varney, we learned nothing from solyndra. >> no, we have learne
is reducing the federal deficit a worthy goal in and of itself? and 85% say yes. 11% say no. it's not just john boehner who said it's not an immediate problem. paul ryan, the face of fiscal responsibility himself this past weekend on one of the sunday shows said not an immediate problem. so americans have gotten the message that it is a problem and that we should be tackling it right now, even though our lawmakers feel it can be down the road a year, five years, whatever we tackle it. >>...
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. >>> facing a $1 billion deficit, chicago public school system is making some really big changes. ceo barbara byrd bennett says the district's underutilized skols will be closed. they have not said how many schools are expected to close but opponents say they unfairly target minorities. >>> 24 and counting for the miami heat. but it was not easy. it hasn't been easy the last few games. lebron james and company came back from 27 points down in the third. >> can you believe that? >> beat his old team, the cleveland cavaliers 98-95. a triple-double. 12 boards, 10 assists. the heat are now within nine games of the nba record for consecutive wins held by the '71-'72 los angeles lakers. >> do you think they'll do it? >> no. they almost blew it against the celtics, almost blew it against the cavs. they are the best team i've seen in years. i don't think they should ever lose necessarily but that's a lot of games to win in a row. >> i can't believe they were down that much and came back. >> i can't believe you can do that every night. >> i think they're doing it on purpose. >>> recovered
. >>> facing a $1 billion deficit, chicago public school system is making some really big changes. ceo barbara byrd bennett says the district's underutilized skols will be closed. they have not said how many schools are expected to close but opponents say they unfairly target minorities. >>> 24 and counting for the miami heat. but it was not easy. it hasn't been easy the last few games. lebron james and company came back from 27 points down in the third. >> can you...
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crucible is $17 trillion in debt, 14 million people unemployed, 42 out of 50 states are facing a budget deficit. and to be honest there is very little leadership coming out of washington. so i think what i tried to do is raise these issues with civility, whether you're republican or democrat, we're all americans. and i think we deserve more. we deserve better. and washington really needs to help us create the kind of leadership and decision making by putting their feet in the shoes of every day americans. that's not what's going on. >> you recently were speaking at the national retail federation and you said that the lack of leadership in washington, i just want to quote you, because i thought it was beautifully said, is sapping the life blood, the soul and the confidence of our country as the world witnessed a lack of leadership in the united states. is that message ever going to get through? are we reaching a point where you say i grew up poor, i became wealthy, i was able to start a company and it's not going to be able to happen to people in the next generation? >> i think you're bringing u
crucible is $17 trillion in debt, 14 million people unemployed, 42 out of 50 states are facing a budget deficit. and to be honest there is very little leadership coming out of washington. so i think what i tried to do is raise these issues with civility, whether you're republican or democrat, we're all americans. and i think we deserve more. we deserve better. and washington really needs to help us create the kind of leadership and decision making by putting their feet in the shoes of every day...
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Mar 21, 2013
03/13
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FOXNEWSW
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if the sequester stays in you've got over 3 1/2 trillion dollars of deficit reduction already so we don't have an immediate crisis in terms of debt. in fact for the next ten years it's in sustainable place. >> we do not have an immediate debt crisis, but we all know we have one looming. >> greta: turns out a majority of americans disagree with the president and the speaker of the house. a new poll showing, a fox poll, that 68% of americans describe the national debt as an immediate problem. only 27% say the debt can be handled in the future. mayor, what do you think? the speaker and the president don't think it's an immediate problem? >> i think the american people are far better economists than the people in washington. the reality we do have a serious debt problem. it's been accumulating now for four or five years. under obama it's been accumulating at massive amounts and there's no serious plan about cutting it. the numbers he was talking about, the cuts, many of which really aren't cuts at all, actually, he hasn't cut anything. he's reduced to some extent the rate of increase, but he
if the sequester stays in you've got over 3 1/2 trillion dollars of deficit reduction already so we don't have an immediate crisis in terms of debt. in fact for the next ten years it's in sustainable place. >> we do not have an immediate debt crisis, but we all know we have one looming. >> greta: turns out a majority of americans disagree with the president and the speaker of the house. a new poll showing, a fox poll, that 68% of americans describe the national debt as an immediate...
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119
Mar 21, 2013
03/13
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FOXNEWSW
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we have cut already huge amounts of money in deficit reduction. it's just not appropriate. all right. mr. president, that our military can't train and do the maintenance necessary, tieing it directly into the sequester. these men and women, our marines, were training here in hawthorne and with this sequester is going to cut this stuff back. now, beckel, please, he is he doing -- is he exploiting, is he making the sequester the issue in the training accident. >> let me say one thing to you. he may be exploiting it but, o'reilly, here is the difference. he did not say -- you read that thing. did he not say -- he said in the future this could be a similar situation could happen. >> bill: he didn't say the future. >> he did not link the two of these together. it's semantics. let's not waste the time. his timing was bad. his timing was terrible. >> bill: when the email come in i guarantee you it's going to be 100 to 1 against you on that issue. >> what else is new? >> bill: not going to have anything to do with politics. people hear what is said. >> i understand that. >> bill: t
we have cut already huge amounts of money in deficit reduction. it's just not appropriate. all right. mr. president, that our military can't train and do the maintenance necessary, tieing it directly into the sequester. these men and women, our marines, were training here in hawthorne and with this sequester is going to cut this stuff back. now, beckel, please, he is he doing -- is he exploiting, is he making the sequester the issue in the training accident. >> let me say one thing to...
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135
Mar 21, 2013
03/13
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CNBC
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to balance the budget because the president and treasury secretary were worried about the long term deficit? does that sound familiar? at the exact same time, the fed tightened rates, doing what all the bears say bernanke should do, betting that inflation could rage and rage easily if the fed stayed easy, which is what his critics are saying he should do right now. but when we went down this road in 1937 it sent the economy into an amazing tail spin. causing a recession within a depression. it was an economic calamity that was totally avoidable if the people in power made different, smarter choices. especially the federal reserve. ben bernanke does not want history to repeat itself. he's not going down the path of what the fed did in 1937. he's not stupid. even though that's exactly the path unfortunately that the president and congress are taking. bernanke recognizes that obama and congress have repeated the errors of 1937 down to a tee. he can't let the fed's part in the drama be repeated. otherwise he'd go down as the fed chief who never got the economy going and put it back in a recessi
to balance the budget because the president and treasury secretary were worried about the long term deficit? does that sound familiar? at the exact same time, the fed tightened rates, doing what all the bears say bernanke should do, betting that inflation could rage and rage easily if the fed stayed easy, which is what his critics are saying he should do right now. but when we went down this road in 1937 it sent the economy into an amazing tail spin. causing a recession within a depression. it...
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117
Mar 21, 2013
03/13
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FOXNEWSW
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this year, the democrat deficit would be 164 billion dollars bigger than the republican deficit. and next year, 308 billion dollars, just to give you a sense of it, by 2015 the republican deficit would be down to 125 billion and the democrat deficit 433 billion. there's a big indication of the difference between the parties when you look at the budgets of the budget blueprints of the republicans in the house and the democrats in senate and republicans want to restrain spending and democrats want to continue to blow up the budget and eventually, over the decade add 1 trillion dollars of new taxes. >> sean: yeah, so 1 trillionew a trillion dollars, this is like they know no other way, all right? that's point one, but yet, they still will give us almost trillion dollar deficits as far as the eye can see throughout the entire ten-year period. here is the big issue though, i want to see obamacare repealed, but it's not going to happen through paul ryan's budget plan. the republicans, if they want that to happen, to get ryan's plan through, they're going to have to during one of the cr
this year, the democrat deficit would be 164 billion dollars bigger than the republican deficit. and next year, 308 billion dollars, just to give you a sense of it, by 2015 the republican deficit would be down to 125 billion and the democrat deficit 433 billion. there's a big indication of the difference between the parties when you look at the budgets of the budget blueprints of the republicans in the house and the democrats in senate and republicans want to restrain spending and democrats...